Year
DEALS // DEV.
Country
Therapeutic Area
Study Phase
Deal Type
Product Type
Dosage Form
Lead Product
Target
Lead Product(s) : Tovinontrine
Therapeutic Area : Cardiology/Vascular Diseases
Study Phase : Phase I/ Phase II
Sponsor : Ascenta Capital
Deal Size : $260.0 million
Deal Type : Series B Financing
Cardurion Raises $260M Series B Financing
Details : The Proceeds from the financing will be used to support late-stage clinical trials with the company’s lead drug candidates, which include a PDE9 inhibitor, CRD-750 (tovinontrine) for heart failure.
Product Name : CRD-750
Product Type : Other Small Molecule
Upfront Cash : Undisclosed
July 16, 2024
Lead Product(s) : Tovinontrine
Therapeutic Area : Cardiology/Vascular Diseases
Highest Development Status : Phase I/ Phase II
Sponsor : Ascenta Capital
Deal Size : $260.0 million
Deal Type : Series B Financing
Lead Product(s) : CRD-740
Therapeutic Area : Cardiology/Vascular Diseases
Study Phase : Phase II
Sponsor : Inapplicable
Deal Size : Inapplicable
Deal Type : Inapplicable
Details : CRD-740 is phosphodiesterase-9 (“PDE9”) inhibitor, the enzyme that metabolizes cardiac cGMP generated by the natriuretic peptide receptor (NPR) pathway ,for the treatment of heart failure.
Product Name : CRD-740
Product Type : Other Small Molecule
Upfront Cash : Inapplicable
July 19, 2022
Lead Product(s) : CRD-740
Therapeutic Area : Cardiology/Vascular Diseases
Highest Development Status : Phase II
Sponsor : Inapplicable
Deal Size : Inapplicable
Deal Type : Inapplicable
Lead Product(s) : Undisclosed
Therapeutic Area : Cardiology/Vascular Diseases
Study Phase : Discovery
Sponsor : Bain Capital Life Sciences
Deal Size : $300.0 million
Deal Type : Financing
Cardurion Pharmaceuticals Announces Investment of up to $300 Million From Bain Capital
Details : The investment will support the advancement of Cardurion’s pipeline of cardiovascular drug candidates includes a PDE9 inhibitor and a CaMKII inhibitor program, and enable the Company to scale its team, and create an industry-leading platform.
Product Name : Undisclosed
Product Type : Undisclosed
Upfront Cash : Undisclosed
October 27, 2021
Lead Product(s) : Undisclosed
Therapeutic Area : Cardiology/Vascular Diseases
Highest Development Status : Discovery
Sponsor : Bain Capital Life Sciences
Deal Size : $300.0 million
Deal Type : Financing